FreeCharge CEO Govind Rajan resigns from the company

Wednesday, February 22, 2017, 2:50 PM

As Snapdeal fails to raise fresh funds, CEO of FreeCharge Govind Rajan resigns from the company. Snapdeal has been trying to independently raise funds for FreeCharge, but the company has struggled to get investors in the past 6 to 10 months. FreeCharge was acquired by Snapdeal for $450 million in April 2015 and appointed Govind Rajan as the CEO in May 2016.